And Post Independence phase may be further divided into 3 phases:

Among the first banks were :

Liquidated/Failed
Bank of Hindostan 1770 1829-32
The General Bank of India 1786 1891

Both these banks are not in existence now.

During British Rule, the East India Co. Established 3 Banks, known as “Presidency Banks”

1809 Bank Of Bengal | Presidency

1840 Bank of Bombay | Banks

1843 Bank of Madras |

In 1921 all the Presidency Banks were amalgamated into ‘Imperial Bank of India’.
In 1955 Imperial Bank of India was nationalised and given the name of ‘State Bank of India’ established under the State Bank of India Act 1955.